Vietnam ranks 63 in digital environment, Startup support system
The ranking of ADB (Asian Development Bank) has just released the Global Index on Digital Startup System, whereby Vietnam ranks 63/113, ahead of Indonesia, India, Philippines but below. Thailand in the ranking of ADB.
According to the rankings, Singapore continues to lead when it comes to having the best digital environment and support system for startups in the world. The US is second, while Sweden is third out of 113 economies on the list.
Vietnam ranks 63rd in the ranking, lower than Thailand (59th) but higher than Indonesia (71st), India (75th), Philippines (79th).
Based on considering the degree of digitization in terms of: culture, institutions, market conditions, infrastructure, human capital, knowledge, finance, and network, to produce a quality measurement index. environment for digital startups.
It is worth noting that 17 out of 21 developing economies in Asia ranked last. This highlights the need for many of these countries to encourage digital entrepreneurship.
From ADB, Mr. Albert Park – Chief Economist, said that digital startups are the new driving force, the key to helping countries achieve high-income goals. epidemic. To do that, countries need to create a supportive environment through preferential and encouraging policies.
